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$799,999

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6 Beds

10 Baths

980 SqFt

New

1429 SW 48th TER #3-7 Cape Coral, FL 33914

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MAXIM LLC

maxim@maximrealtors.com +1(407) 288-0704

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 980 sqft

Price per Sqft $816

Subdivision Cape Coral

MLS Listing ID 2025023659

Style Courtyard,See Remarks,Low Rise

Bedrooms 6

Full Baths 10

Construction Status Resale

HOA Fees $490/mo

HOA Y/N Yes

Annual Recurring Fee 5880.0

Year Built 1984

Annual Tax Amount $10,970

Tax Year 2024

Lot Size 3,898 Sqft

Acres 0.0895

Lot Dimensions Appraiser

Property Sub-Type Condominium

Property Description

I am thrilled to share an exceptional investment opportunity with you—a well maintained 8-Plex that is currently fully occupied SW Cape. (Gold Coast West-Professionally Managed – No age restrictions) This property is a true gem, offering both stability and considerable upside potential and low HOA fees. Situated in a single building, the 8-Plex includes eight units, with the seller owning five out of the eight. The layout has been thoughtfully designed around a private central courtyard, complete with a charming and functional solar heated pool. Imagine walking through the breezeway to find your own private oasis, featuring picnic tables and a privately fenced yard, perfect for gatherings or quiet enjoyment. Each of the five spacious units within the property each boasts 2 bedrooms and 2 bathrooms, providing ample space for tenants. The convenience of in-unit laundry adds an extra layer of appeal. The units feature either tile flooring throughout or luxury vinyl, ensuring durability and ease of maintenance. Additionally, screened lanais extend the living space outdoors, creating a delightful and versatile environment for tenants. Recent capital improvements have been made, ensuring peace of mind for any potential investor. Each unit has been updated, showcasing the added value potential for future renovations. Building is in the works of being painted. Less than a mile from Cape Harbour Marina, with great restaurants, shopping and boating. This property offers a rare opportunity in today's market, blending turnkey income, long-term appreciation, and prime rental appeal. Properties like this seldom hit the market, so don't hesitate—seize this ideal investment opportunity today!

Location

State FL

County Lee

Community Cape Coral

Area Cc21 - Cape Coral Unit 3, 30, 44, 6

Direction South

Rooms

Bedroom Description 6.0

Interior

Interior Features Breakfast Bar, Bedroom on Main Level, Living/ Dining Room, Shower Only, Separate Shower

Heating Central, Electric

Cooling Central Air, Electric

Flooring Laminate

Furnishings Unfurnished

Fireplace No

Window Features Double Hung

Appliance Dishwasher, Electric Cooktop, Disposal, Indoor Grill, Microwave, Refrigerator

Laundry Washer Hookup, Dryer Hookup, Inside

Exterior

Exterior Feature Courtyard, Fence, None, Outdoor Grill, Patio, Privacy Wall

Parking Features Assigned, Common, Paved, One Space

Pool Concrete, Heated, In Ground, Solar Heat, Community

Community Features Non- Gated

Utilities Available Cable Available

Amenities Available Other, Pool, Management

Waterfront Description None

Water Access Desc Assessment Paid

View Landscaped

Roof Type Shingle

Porch Lanai, Patio, Porch, Screened

Garage No

Private Pool Yes

Building

Lot Description Rectangular Lot

Dwelling Type Low Rise

Faces South

Story 2

Sewer Assessment Paid

Water Assessment Paid

Architectural Style Courtyard, See Remarks, Low Rise

Unit Floor 1

Structure Type Block,Concrete,Stucco

Construction Status Resale

Schools

Elementary Schools Oasis

Middle Schools Oasis

High Schools Oasis

Others

Pets Allowed Call, Conditional

HOA Fee Include Trash

Senior Community No

Tax ID 15-45-23-C1-01600.0030

Ownership Condo

Security Features Smoke Detector(s)

Acceptable Financing All Financing Considered, Cash, VA Loan

Disclosures Disclosure on File, Familial Relation, RV Restriction(s)

Listing Terms All Financing Considered, Cash, VA Loan

Pets Allowed Call, Conditional

Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025023659

Listed by EXP Realty LLC • Jackson Hyndman

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MAXIM LLC

+1(407) 288-0704

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1429 SW 48th TER #3-7 Cape Coral, FL 33914

MAXIM LLC

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1429 SW 48th TER #3-7